Self-employed Debt Help

If you are a sole trader, freelancer, company owner or have a buy-to-let income and are concerned about debts, we can help. Our specialist team are experts in cashflow and projections, and can offer flexible debt solutions which will allow you to continue trading whilst repaying your debts.

Please complete the fields below so one of our advisers can get in touch. Don’t worry if you don’t know exact dates or figures, please complete it as accurately as you can, and we’ll go through this with you afterwards.


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  • Answer a few simple questions
  • Choose help by phone or Online
  • Get your personalised debt solution
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We could offer you a solution that will reduce your monthly payments with the potential of freezing interest and charges, and even writing off some of the debt.

The options PayPlan can offer

The options PayPlan can offer vary depending on your situation, and there is no obligation to progress if you do not wish. We will simply talk through the different solutions to help you decide what is best for you. For more information on the solutions we offer/advise on, please see: and .

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What is an IVA?

An Individual Voluntary Arrangement (IVA) is an agreement with the people you owe money to. You make affordable payments over a period of time (usually 5-6 years) and at the end, your remaining debts are written off.

What is a Debt Management Plan?

A debt management plan (DMP) allows you to pay back your creditors each month at an amount you can afford. The DMP lasts until you have repaid your debts in full or your circumstances improve.

What is a Self-employed IVA?

A self-employed Individual Voluntary Arrangement (IVA) is an agreement to pay back what you owe whilst still running your business. You make affordable payments over a period of time (usually 5-6 years) and at the end, your remaining debts are written off.

What is a Debt Relief Order?

A debt relief order is a solution available if you are not able to afford any payments to people you owe to. It freezes debts for a year at which time they are written off if your circumstances have not improved.

What is Bankruptcy?

Bankruptcy is a type of insolvency that involves applying to the court in order to clear your debts. There is an upfront fee and you may be required to make payments from your earnings into the bankruptcy for up to 3 years.

Once you’ve submitted your details, we’ll be in touch at your preferred time to talk about some options for taking control of your debts. Together we can go through your income, outgoings and debt level to work out how much money you need to live comfortably. We’ll then chat to you about the options and solutions available to you based on a budget that’s affordable.

If you’ve requested a phone call, we’ll call you from 0800 316 1833 and if you’ve requested an email, please check your inbox for an email from help@payplan.com

We look forward to helping you.